Venture(US:VEMLY) Xin Lang Ji Jin·2025-10-28 11:50Core Insights - The AI sector, particularly in the context of optical modules, is experiencing significant growth, with the ChiNext AI index showing a year-to-date increase of 93% as of October 28, 2025, outperforming other AI-themed indices [3][4] - Major companies in the optical module space, such as NewEase and Zhongji Xuchuang, are reaching historical highs, driven by increased demand for 1.6T optical modules due to the rapid growth in AI training and inference network bandwidth requirements [3][4] Group 1: Market Performance - The ChiNext AI index has risen by 93% year-to-date, leading other AI indices like CS AI and Sci-Tech AI [3] - The largest and most liquid ETF tracking the ChiNext AI index (159363) saw a 0.6% increase, with a net subscription of 28 million units on the same day [3][4] - Key stocks in the sector, including LianTe Technology, surged over 15%, while others like XieChuang Data and Guotou Intelligent rose over 3% [3] Group 2: Industry Developments - Qualcomm launched AI chips, AI200 and AI250, expected to be commercially available in 2026 and 2027, respectively, intensifying competition with Nvidia in the data center market [3] - Recent research indicates that overseas clients have increased their 2026 procurement plans for 1.6T optical modules from 10 million to 20 million units, driven by the deployment of GB300 and the upcoming Rubin platform [3] - The demand for 800G optical modules is expected to continue its rapid growth, benefiting leading companies like Zhongji Xuchuang and NewEase [3][4] Group 3: Investment Recommendations - Analysts recommend focusing on the AI computing power sector, particularly the optical module segment, as the industry is still in its early stages of development with significant growth potential [4] - The first ETF tracking the ChiNext AI index is highlighted as a key investment vehicle, with over 70% of its portfolio allocated to computing power and over 20% to AI applications [4]